Alhambra · Aristocrat Trailer Park · Encanto
Data as of February 2026. Source: Realtor.com.
The PHOENIX, AZ real estate market (85012) currently shows 79 active listings, with 8 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are selling faster, averaging 47 days on market compared to 51 days last year.
The median listing price has fallen 8.8% year-over-year, from $567,175 to $517,225.
Whether you are buying or selling in PHOENIX, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 7,871 · Density: 1,348.1/mi² · Median household income: $74,435
Typical home value: $633,136 · Homeownership: 42.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85012 | Phoenix, AZ 85012 | 0.0 mi | 64 | $40,171,072 | $530,000 | $627,673 |
| 85014 | Phoenix, AZ 85014 | 0.8 mi | 154 | $92,287,580 | $460,000 | $599,270 |
| 85016 | Phoenix, AZ 85016 | 2.3 mi | 262 | $266,279,770 | $595,000 | $1,016,335 |
| 85006 | Phoenix, AZ 85006 | 3.2 mi | 62 | $31,024,986 | $485,000 | $500,403 |
| 85021 | Phoenix, AZ 85021 | 3.9 mi | 109 | $92,793,444 | $600,000 | $851,316 |
| 85001 | Phoenix, AZ 85001 | 4.0 mi | 2 | $5,558,000 | $2,779,000 | $2,779,000 |
| 85020 | Phoenix, AZ 85020 | 4.3 mi | 177 | $102,834,876 | $396,500 | $580,988 |
| 85018 | Phoenix, AZ 85018 | 4.5 mi | 285 | $584,796,630 | $1,150,000 | $2,051,918 |
| 85009 | Phoenix, AZ 85009 | 5.4 mi | 71 | $24,771,829 | $314,900 | $348,899 |
| 85031 | Phoenix, AZ 85031 | 5.7 mi | 47 | $14,536,019 | $342,450 | $309,277 |
| 85028 | Phoenix, AZ 85028 | 6.3 mi | 80 | $88,792,400 | $704,500 | $1,109,905 |
| 85029 | Phoenix, AZ 85029 | 6.5 mi | 122 | $47,808,140 | $385,000 | $391,870 |
| 85040 | Phoenix, AZ 85040 | 7.4 mi | 59 | $21,554,942 | $354,500 | $365,338 |
As of February 2026, there are 79 active listings in PHOENIX, AZ (zip code 85012), compared to 65 the prior year.
The median listing price in PHOENIX, AZ 85012 is $517,225 as of February 2026, a 8.8% decrease from $567,175 the prior year.
Homes in PHOENIX, AZ 85012 spend an average of 47 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PHOENIX, AZ 85012 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in PHOENIX, AZ 85012 save an estimated $10,345 compared to a typical 5% commission on the median listing price of $517,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.